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So, does this sound right for the gross amount?
From your Dec 15th paycheck which includes flying through November: FLT ADV FLT PAY DPSP_CONT DPSP_CASH (for those over 53K 415 max limit) Training pay (for new hires) All these times .18 Anything else I'm missing? |
Originally Posted by Foulwx
(Post 2255986)
So, does this sound right for the gross amount?
From your Dec 15th paycheck which includes flying through November: FLT ADV FLT PAY DPSP_CONT DPSP_CASH (for those over 53K 415 max limit) Training pay (for new hires) All these times .18 Anything else I'm missing? |
Originally Posted by TED74
(Post 2256016)
Won't your annual total include flying from Dec 2015?
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Originally Posted by Foulwx
(Post 2255986)
So, does this sound right for the gross amount?
From your Dec 15th paycheck which includes flying through November: FLT ADV FLT PAY DPSP_CONT DPSP_CASH (for those over 53K 415 max limit) Training pay (for new hires) All these times .18 Anything else I'm missing? Denny |
Originally Posted by TED74
(Post 2256016)
Won't your annual total include flying from Dec 2015?
Hourly pay rate increases will take effect as shown in Section 3 Compensation. The consolidation payment (mid-month paycheck) on December 15, which is for November flying, will be paid at the prior hourly pay rate. On or about December 16, each pilot will receive a retro payment for all hours paid from January through November of 2016. The end-of-month partial payment on December 30 will paid be at the new hourly pay rates. Denny |
Does anyone know if flying different models with different rates will be taken into consideration on the retro check, i.e. 737-7/8 vs 9? Or is it all paid at one of the rates?
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[Nov 30 "FLT ADV" plus NOV 15 "FLT PAY" (both YTD)] x 18%
We'll see what the professor thinks on the 16th :D |
Originally Posted by WhiskeyDelta
(Post 2256069)
Does anyone know if flying different models with different rates will be taken into consideration on the retro check, i.e. 737-7/8 vs 9? Or is it all paid at one of the rates?
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Originally Posted by Denny Crane
(Post 2256053)
My understanding is we will get 18% of FLT ADV plus FLT PAY (and training pay). The other two (DC Plan) you list are determined by multiplying .15 by your retro as determined by my first sentence. Example: Given that FLT PAY+FLT ADV=$240,000 thru Nov. 30. $240,000x.18=$43,200. $43,200x.15=$6,480. $43,200+$6,480=$49,680 for a retro check.
Denny |
Originally Posted by Foulwx
(Post 2256205)
Sounds right. Actually, either method gives the same result. I'm still not sure whether I'll have to subtract the Jan 15, 2015 paycheck out first though. Time will tell.
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